Tbilisi (GBC) - The mean value of the size of the shadow economy of the 158 countries is 31.9%. Georgia is in the list of the countries with the largest shadow economies, - Forbes.ge reports on the research of the International Monetary Fund (IMF) and notes that share of the shadow economy in Georgia is 64.9% of GDP. The other three largest shadow economies are Zimbabwe with 60.6% and Bolivia with 62.3%.

Tbilisi (GBC) – “These are huge changes and significant tax liberalization. The first phase that we have implemented with the abolition of income taxes mainly affected middle and large entrepreneurs, while these amendments specifically are related to small entrepreneurs and their social situation”, - said the Prime Minister of Georgia Giorgi Kvirikashvili at today's government meeting. He has so evaluated submitted package of planned amendments to the Tax Code.